Lakeland Industries

Lakeland Industries, Inc. engages in the manufacture and sale of safety garments and accessories for the industrial and public protective clothing market. It operates through the Domestic and International geographical segments. The firm's products include disposable protective clothing, chemical protective clothing, woven protective clothing, fire protective gear, heat protective clothing, reflective protective clothing, hand and arm protection, arc or fire-retardant rated rainwear, and fire-retardant protective clothing. The company was founded in April 1982 and is headquartered in Huntsville, AL.

Earnings data Q1 2022

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Earnings data Q2 2024

Earnings data Q3 2024

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Earnings data Q2 2025

Earnings data Q3 2025

Earnings data Q4 2025

Lakeland Industries reports $29M in Q1 sales, focuses on growth

Lakeland Industries is focused on revenue growth, operational efficiency, and maintaining a strong financial position amidst economic uncertainty. The company is making progress with integration efforts and plans to bring product manufacturing in-house, while also initiating a dividend program and expecting a favorable effective tax rate for fiscal 2024.

Lakeland Industries Reports Strong Q2 Earnings, Eyes Growth Opportunities

Lakeland Industries delivered strong second quarter results, driven by organic growth and the positive impact of acquisitions. While facing challenges in Asian markets, the company is focused on strategic priorities to drive revenue growth and maintain a robust financial position.

Lakeland Industries Reports Strong Q3 Performance and Expands Global Presence

Lakeland Industries delivered strong financial results, driven by revenue growth, strategic acquisitions, and a focus on high-value product lines. While facing challenges in certain markets, the company's M&A strategy and global growth opportunities position it for continued success.

Lakeland Industries reports Q4 growth but faces margin challenges

Lakeland Industries' Q4 2023 performance reflects mixed results with revenue growth but margin challenges.
The company's strong liquidity position and strategic priorities position it well for future growth.
Addressing challenges in sequential sales decline and tax rates while leveraging opportunities can drive sustained success.
Investors should monitor Lakeland's execution of growth strategies and margin improvement initiatives closely.

Lakeland Industries excels in Q1 2024, eyes international growth

Lakeland Industries demonstrated resilience and growth in Q1 2024, leveraging targeted strategies and high-value offerings.
While facing challenges in Asian markets due to COVID-19, the company capitalized on opportunities in Europe and Latin America.
With a strong financial position, ongoing integration efforts, and focus on innovation, Lakeland is poised for continued success.

Lakeland Industries reports robust Q2 earnings, eyes growth opportunities

Lakeland Industries' Q2 2024 earnings call showcased strong sales growth, solid margins, and promising EBITDA growth. While facing challenges in certain Asian markets, the company is well-positioned to capitalize on opportunities through strategic priorities and synergies from recent acquisitions.

Lakeland Industries excels in Q3 with strategic acquisitions and growth

Lakeland Industries delivered a robust performance in Q3 2024, marked by strong sales growth, profitability, and strategic acquisitions, positioning the company for future success.
With a focus on high-value product lines, effective cost management, and financial prudence, Lakeland has strengthened its competitive position and financial health.
While facing challenges in certain regions and operational aspects, Lakeland's proactive approach to addressing market dynamics and seizing growth opportunities underscores its resilience and strategic foresight.
By capitalizing on market strengths, addressing challenges, and pursuing growth opportunities, Lakeland is poised to navigate uncertainties and drive sustainable value creation for stakeholders.

Lakeland Industries posts robust earnings, eyes growth through strategic acquisitions

Lakeland Industries delivered strong financial results for Q4 2024 and FY 2024, supported by strategic acquisitions and operational enhancements.
While facing challenges such as currency devaluation and leadership transitions, the company remains optimistic about future growth prospects.
By focusing on innovation, customer satisfaction, and operational excellence, Lakeland is well-positioned to capitalize on market opportunities and drive continued success.

Lakeland Industries excels in Q1 2025, eyes growth through acquisitions

Lakeland Industries delivered strong financial results in Q1 2025, driven by revenue growth, improved margins, and strategic acquisitions.
The company's focus on expanding product reach, raising guidance, and addressing challenges through strategic planning positions it for continued success.
While facing challenges in integration and margin management, Lakeland can capitalize on opportunities in new markets and operational enhancements for future growth.

Lakeland Industries reports Q2 loss, eyes growth post-acquisition

Lakeland Industries faced challenges with lower sales and increased expenses, resulting in a net loss for Q2 2025.
Despite these challenges, the company maintains a strong cash position and is focused on growth strategies.
Opportunities lie in leveraging the LHD acquisition, addressing sales factors, and optimizing expenses for improved performance.

Lakeland Industries reports robust Q3 sales growth amidst rising expenses

Lakeland Industries delivered strong sales growth driven by Fire Services products, but faced challenges with rising operating expenses impacting profitability. Despite this, the company remains confident in its strategies, outlook, and ability to achieve revenue and EBITDA targets for the fiscal year.

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Lakeland Industries, Inc. (NASDAQ: LAKE) reported a fourth-quarter net sales decline of 27% year-over-year to $26.8 million, missing the consensus of $29.9 million. Domestic sales were $11.2 million or 42% of total revenues, and international sales were $15.6 million or 58%.

Why Lakeland Industries Shares Are Sliding After Q4 Earnings

Disciplined pricing execution evidenced by gross margin of 39.2% and 43.0% for the fiscal fourth quarter and full year 2022, respectively New $5 Million Stock Repurchase Program Announced on 4/13/2022 HUNTSVILLE, AL / ACCESSWIRE / April 18, 2022 / Lakeland Industries, Inc. (NASDAQ:LAKE) (the "Company" or "Lakeland"), a leading global manufacturer of protective clothing for industry, healthcare and first responders on the federal, state and local levels, today announced financial results for its fiscal 2022 fourth quarter and full year ended January 31, 2022. Preliminary Fiscal 2022 Fourth Quarter Financial Results Highlights Net sales declined 27% compared to 4Q21 as COVID-19 specific demand continued to abate and core demand from industrial markets and other segments continued to slowly return to pre-pandemic levels Gross margin was 39.2%, largely in-line with our long-term target threshold of 40% despite one-time items and short-term headwinds as our product mix and sales dispersion across markets normalize to pre-pandemic levels Net income of $0.5 million or $0.06 per basic common share in 4Q22, down from $7.7 million or $0.97 per basic common share in 4Q21 reflects shipments returning to pre-pandemic levels, investment in sales and marketing activities and near-term pressure on operating margins as pace of returning demand from industrial customers, most notably the oil and gas sector, lags decline in COVID specific demand Earnings before interest, taxes, depreciation, and amortization (EBITDA)* of $2.2 million in 4Q22, down 79% from $10.5 million in 4Q21 Completed $3.3 million of share repurchases during the quarter Preliminary Fiscal 2022 Full Year Financial Results Highlights Net sales for fiscal 2022 of $118.4 million, down from $159.0 million in fiscal 2021 as overall demand began to rebase from COVID-19 induced spikes across 2021 and into early 2022 results.

Lakeland Industries, Inc. Reports Preliminary Fiscal 2022 Fourth Quarter and Year End Financial Results

HUNTSVILLE, AL / ACCESSWIRE / April 13, 2022 / Lakeland Industries, Inc. (NASDAQ:LAKE) (the "Company" or "Lakeland"), a leading global manufacturer of protective clothing for industry, healthcare and first responders on the federal, state and local levels, announced today that its Board of Directors has authorized a new stock repurchase program under which the Company may repurchase up to $5 million of its outstanding common stock. This new program will become effective upon exhaustion of the current program which has approximately $800,000 remaining for repurchases.

Lakeland Industries Announces New $5 Million Stock Repurchase Program

HUNTSVILLE, AL / ACCESSWIRE / April 1, 2022 / Lakeland Industries, Inc. (NASDAQ:LAKE) (the "Company" or "Lakeland"), a leading global manufacturer of protective clothing for industry, healthcare and first responders on the federal, state and local levels, announced today that it will now release its financial results for the fiscal 2022 fourth quarter and full year ended January 31, 2022, on Monday, April 18, 2022, after the closing of the stock market and will conduct a conference call thereafter on the same day at 4:30 p.m. eastern. The conference call will be hosted by Charles D.

Lakeland Industries Announces Date Change for Fiscal 2022 Fourth Quarter Financial Results Conference Call

HUNTSVILLE, AL / ACCESSWIRE / March 31, 2022 / Lakeland Industries, Inc. (NASDAQ:LAKE) (the "Company" or "Lakeland"), a leading global manufacturer of protective clothing for industry, healthcare and first responders on the federal, state and local levels, will release its financial results for the fiscal 2022 fourth quarter and full year ended January 31, 2022, on Thursday, April 14, 2022, after the closing of the stock market and will conduct a conference call thereafter on the same day at 4:30 p.m. eastern. The conference call will be hosted by Charles D.

Lakeland Industries to Report Fiscal 2022 Fourth Quarter Financial Results and Conduct Conference Call

HUNTSVILLE, AL / ACCESSWIRE / December 16, 2021 / Lakeland Industries, Inc. (NASDAQ:LAKE) (the "Company" or "Lakeland"), a leading global manufacturer of protective clothing for industry, healthcare and to first responders on the federal, state and local levels, today announced the promotion of Allen E. Dillard to Chief Operating and Financial Officer, effective January 1, 2022.

Lakeland Industries Promotes Allen E. Dillard to Chief Operating and Financial Officer

Lakeland Industries (LAKE) delivered earnings and revenue surprises of 2.94% and 5.26%, respectively, for the quarter ended October 2021. Do the numbers hold clues to what lies ahead for the stock?

Lakeland Industries (LAKE) Tops Q3 Earnings Estimates

Lakeland Industries, Inc. (LAKE) CEO Charles Roberson on Q3 2022 Results - Earnings Call Transcript

Lakeland Industries (NASDAQ:LAKE) reported its Q3 earnings results on Thursday, December 9, 2021 at 04:00 PM. Here's what investors need to know about the announcement.

Lakeland Industries: Q3 Earnings Insights

HUNTSVILLE, AL / ACCESSWIRE / December 9, 2021 / Lakeland Industries, Inc. (NASDAQ:LAKE) (the "Company" or "Lakeland"), a leading global manufacturer of protective clothing for industry, healthcare and to first responders on the federal, state and local levels, today announced financial results for its fiscal 2022 third quarter ended October 31, 2021. Fiscal 2022 Third Quarter Financial Results Highlights Net sales for 3Q22 were $30.0 million, compared with 2Q22 of $27.5 million and 3Q21 of $41.5 million Traditional industrial activity continues to indicate strengthening demand COVID-19 related sales of approximately $6.0 million in 3Q22 (as compared with $3.5 million in 2Q22 and $14.5 million in 3Q21) driven primarily by demand from Asia High Performance Wear, High Visibility, and Wovens increase sequentially from 2Q22 to 3Q22 Gross profit was $12.6 million in 3Q22, compared to 2Q22 of $12.7 million and $21.7 million in 3Q21 Gross margin as a percentage of net sales in 3Q22 was 42.1%, compared to 46.3% in 2Q22 and 52.3% in 3Q21 Operating expenses were $8.5 million in 3Q22, down from $8.8 million in 2Q22 and $9.2 million in 3Q21 Operating profit was $4.1 million in 3Q22, up from $3.9 million in 2Q22 and down from $12.5 million in 3Q21 Net income was $2.8 million in 3Q22, up from $2.6 million in 2Q22 and down from $9.3 million in 3Q21 Adjusted earnings before interest, taxes, depreciation, and amortization (Adjusted EBITDA)* of $4.9 million in 3Q22, compared with $4.7 million in 2Q22 and 13.8 million in 3Q21 In 3Q22 the Company completed a $2.8 million investment in Bodytrak and funded $0.9 million in share repurchases * EBITDA and Adjusted EBITDA are non-GAAP financial measures.

Lakeland Industries, Inc. Reports Fiscal 2022 Third Quarter Financial Results

Lakeland Industries (LAKE) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Analysts Estimate Lakeland Industries (LAKE) to Report a Decline in Earnings: What to Look Out for

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HUNTSVILLE, AL / ACCESSWIRE / November 24, 2021 / Lakeland Industries, Inc. (NASDAQ:LAKE) (the "Company" or "Lakeland"), a leading global manufacturer of protective clothing for industry, healthcare and first responders on the federal, state and local levels, will release its financial results for the fiscal 2022 third quarter ended October 31, 2021, on Thursday, December 9, 2021, after the closing of the stock market and will conduct a conference call thereafter on the same day at 4:30 p.m. eastern. The conference call will be hosted by Charles D.

Lakeland Industries to Report Fiscal 2022 Third Quarter Financial Results and Conduct Conference Call

HUNTSVILLE, AL / ACCESSWIRE / November 4, 2021 / Lakeland Industries, Inc. (NASDAQ:LAKE) (the "Company" or "Lakeland"), a leading global manufacturer of protective clothing for industry, healthcare and first responders on the federal, state and local levels, today announced that its management is scheduled to participate in an upcoming virtual institutional investor conference. Event: 12th Annual Craig-Hallum Alpha Select Conference to be held virtually Date: Tuesday, November 16, 2021 Meeting Times: 9:00 a.m.

Lakeland Industries to Participate in the 12th Annual Craig-Hallum Alpha Select Conference

HUNTSVILLE, AL / ACCESSWIRE / October 19, 2021 / Lakeland Industries, Inc. (NASDAQ:LAKE) (the "Company" or "Lakeland"), a leading global manufacturer of protective clothing for industry, healthcare and first responders on the federal, state and local levels, today announced that it has made a strategic investment of approximately $2.7 million in Inova Design Solutions Ltd. (doing business as Bodytrak®) as a groundbreaking step toward entering the Connected Worker Market for "Smart PPE.

Lakeland Industries Makes Strategic Investment to Enter the Connected Worker Market

Time To Buy Lakeland Industries

For a second consecutive quarter, LAKE stock dropped 13% after earnings.

Lakeland Industries: Q2 Suggests Caution, But Not Despair

Lakeland Industries (NASDAQ: LAKE) shares are trading lower after the company reported worse-than-expected Q2 sales.  Sales of $27.50 million came in below the consensus estimate of $33.28 million.

Why Lakeland Industries Shares Fell Today

Lakeland Industries Inc (NASDAQ: LAKE) reported a second-quarter FY22 sales decline of 21.5% year-on-year, to $27.50 million, missing the analyst consensus of $33.28 million. The gross profit declined 26.6% Y/Y to $12.7 million, with the margin contracting 320 basis points to 46.3%.

Lakeland Industries Stock Plummets After Q2 Miss

Lakeland Industries, Inc. (LAKE) CEO Charles Robertson on Q2 2022 Results - Earnings Call Transcript

Lakeland Industries (LAKE) delivered earnings and revenue surprises of -27.91% and -17.52%, respectively, for the quarter ended July 2021. Do the numbers hold clues to what lies ahead for the stock?

Lakeland Industries (LAKE) Misses Q2 Earnings and Revenue Estimates

DECATUR, AL / ACCESSWIRE / September 9, 2021 / Lakeland Industries, Inc. (NASDAQ:LAKE) (the "Company" or "Lakeland"), a leading global manufacturer of protective clothing for industry, healthcare and to first responders on the federal, state and local levels, today announced financial results for its fiscal 2022 second quarter ended July 31, 2021. Fiscal 2022 Second Quarter Financial Results Highlights Net sales for 2Q22 of $27.5 million, compared with 2Q21 of $35.0 million and 1Q22 of $34.1 million Traditional industrial demand strengthening COVID-19 related sales of approximately $3.5 million in 2Q22 (as compared with $4.1 million in 1Q22 and $14.0 million in 2Q21) driven by demand from Asia Overstocking within U.S. distribution channels and freight-out/delivery logistical challenges presented headwinds for 2Q22 revenue; inventory levels increased amid shipping delays Increase in High Performance Wear, Fire and Glove product lines in 2Q22 over 2Q21 when PPE demand had already shifted to Disposables (and Chemical) garments for COVID-19 Gross profit for 2Q22 of $12.7 million, compared with $17.3 million in 2Q21 Gross margin as a percentage of net sales in 2Q22 was 46.3%, compared to 49.5% in 2Q21 Operating expenses of $8.8 million in 2Q22, up from $7.6 million in 2Q21 Operating profit of $3.9 million in 2Q22, compared with $9.8 million in 2Q21 Net income of $2.6 million or $0.32 per basic share and $0.31 per diluted common share in 2Q22, down from $9.3 million or $1.17 per basic share and $1.16 per diluted common share in 2Q21 Adjusted earnings before interest, taxes, depreciation, and amortization (Adjusted EBITDA)* of $4.7 million in 2Q22, compared with $10.5 million in 2Q21 Capital expenditures for 2Q22 of $0.4 million, down from $0.5 million in 2Q21 Solid current ratio of 7.5:1 at 7/31/21 Cash of $59.8 million at 7/31/21, up by $7.2 million or 14% from beginning of fiscal year No debt at end of second quarter with up to $25 million available under credit facilities $5 million in share repurchases completed in 2Q22 * EBITDA and Adjusted EBITDA are non-GAAP financial measures.

Lakeland Industries, Inc. Reports Fiscal 2022 Second Quarter Financial Results

Earnings Preview: Lakeland Industries (LAKE) Q2 Earnings Expected to Decline

DECATUR, AL / ACCESSWIRE / August 19, 2021 / Lakeland Industries, Inc. (NASDAQ:LAKE) (the "Company" or "Lakeland"), a leading global manufacturer of protective clothing for industry, healthcare and to first responders on the federal, state and local levels, will release its financial results for the fiscal 2022 second quarter ended July 31, 2021, on Thursday, September 9, 2021, after the closing of the stock market and will conduct a conference call thereafter on the same day at 4:30 p.m. eastern. The conference call will be hosted by Charles D.

Lakeland Industries to Report Fiscal 2022 Second Quarter Financial Results and Conduct Conference Call

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